Data as of TBD

Portfolio Managers

Dr. Leila Heckman, PhD

Senior Portfolio Manager

30+ Years of Experience

Dr. Vijay Chopra, PhD

Senior Portfolio Manager

30+ Years of Experience

What Set's Us Apart

  • Disciplined quantitative investment process employs multi-factor approaches to country allocation
  • Seasoned investment team holds Ph.D.’s in Finance, Economics and Applied Mathematics and has experience over multiple market cycles
  • Investment process built using Institutional research
  • Utilizes ETFs

Investment Process

Employs a Multi-Factor (Smart Beta) Approach to Country Allocation

Evaluates Country Equity Valuations, Macroeconomic Growth Catalysts, Monetary Policy Profiles, and Indicators of Momentum

Analyzes over 20 Developed and Emerging Markets

Identifies Key Macroeconomic Risks, Including currency Overvaluation, Excess Credit Growth, and Market Volatility



Past Performance is not indicative of future results

Periods shown prior to September 1, 2017 represent the performance record of the portfolio management team while affiliated with a prior firm.

Portfolio Construction

Construct Portfolio Based on Risk/Reward Profile Indicated by Top-Down Process

Implement Country Allocation Weights Using ETF's

Core Portfolio with Market Capitalization and Beta Profile Similar to Benchmark

Typical Number of Holdings: 20-25

Portfolio Characteristics

Top 10 Holdings

Regional Allocation



The EAFE Plus strategy invests in developed markets and emerging markets where access can be gained through exposure using liquid ETFs. The investment process is based on a disciplined top-down multi-factor country allocation process. The strategy invests in liquid U.S.

Inception Date: The SMA’s creation date was September 1, 2017. The SMA’s inception date was February 1, 2014.

Benchmark: EAFE Value.

Minimum Account Size: $15,000. As of December 1st, 2019, this minimum was reduced from $25,000 to $15,000

Significant Cash Flow Policy: SMA policy requires the temporary removal of any account incurring a client initiated significant cash inflow or outflow of at least 20% of the account value. The temporary removal of such an account occurs at the beginning of the month in which the significant cash flow occurs, and the account re-enters the SMA in the beginning of the following month.

The firm is defined as DCM Advisors Institutional (“DCM”), the institutional investment management business of DCM Advisors, LLC. DCM  Advisors, LLC is a registered investment adviser with United States Securities and Exchange Commission in accordance with the Investment  Advisers Act of 1940.

Neither the information provided nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. The investments and  investment strategies identified herein may not be suitable for all investors. The appropriateness of a particular investment will depend upon an  investor’s individual circumstances and objectives.

Past performance is no guarantee of future results. Although DCM may take efforts to mitigate risks, certain risks cannot be eliminated or controlled  and there are no guarantees that any risk management strategies or investment strategies implemented will be successful notwithstanding such  efforts to mitigate risk.

References to market or SMA indices, benchmarks or other measures of relative market performance over a specified period of time are provided for  your information only. Reference to an index does not imply that DCM portfolio will achieve returns, volatility or other results similar to the index. The  composition of a benchmark index may not reflect the manner in which a DCM portfolio is constructed in relation to expected or achieved returns,  investment holdings, portfolio guidelines, restrictions, sectors, correlations, concentrations, volatility or tracking error targets, all of which are  subject to change over time.

International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of  substantial volatility due to adverse political, economic or other developments. These risks may be heightened for investments in emerging markets

About Us: DCM is a wholly-owned subsidiary of Dinosaur Group Holdings, LLC and is an SEC registered investment advisor under the Investment Advisers Act of 1940 (“Advisers Act”). DCM manages 1 billion in assets. Registration does not imply a certain level of skill or training. Under the Advisers Act, Rule 204-3 requires DCM to provide clients with specific information about the advisory firm. DCM offers its Form ADV, Part 2 to serve this important purpose.  Investors can acquire information on the registration status of DCM and request a copy of DCM’s Form ADV, Part 2  by calling DCM directly at (917) 386-6260 or by visiting the SEC’s website at www.adviserinfo.sec.gov.